**C Grade, 22%, NO DQ, RE-LIST Please Look! **

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 41% |
| Lender Rate: | 22% | Borrower: | RandR_Home_Improvement |
| Finished | State: | MA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-02-15 | EricsCC ROI: | -20% |
| Status History | |
|---|---|
| Feb 15, 2007 | Current |
| Sep 30, 2007 | Late |
| Oct 17, 2007 | 1 month late |
| Nov 23, 2007 | 2 months late |
| Dec 16, 2007 | 3 months late |
| Jan 16, 2008 | 4+ months late |
|
Thanks for viewing our listing! This is our 2nd Re-List. I was informed by several high dollar lenders that they prefer Instant Funding so that's what this listing has been changed to. 1st listing funded in 1.5 days, this last one only funded 25% in 3 days. The listing was re-listed due to Prosper's Income Verification requirements on businesses. The profit and loss statements are always to benefit paying less taxes (thanks to an awesome accountant) so that's the reason for the high DTI. Sorry to all who bid last time that were disappointed by the withdrawn and/or expired listing. We are a construction company looking to expand in 2007 and we need the capital to get us through the winter. As you can see I've never had any delinquincies. The only reason the grade is a C vs. an AA is because my credit cards are maxed right now leveraging the business. The business Grossed over $500,000 in 2006. Currently we mainly work in foundations but are expanding into painting, roofing and cabinetry. If you have any questions PLEASE ASK! I would be happy to give any information. Thanks for your time! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 85638 | Construction company needs capital for winter | C | $25,000 @ 19% | Jan 16, 2007 | Withdrawn |
| 91632 | Re-List **Construction Company Needs Capital for Winter | C | $25,000 @ 22% | Jan 31, 2007 | Expired |
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